Millions of households across Scotland and the rest of the UK are bracing themselves for the upcoming energy price hikes which are set to come into effect at the start of next month.
Ofgem, the energy regulator, announced in February a 54% rise in the price cap which could see average users on a standard tariff see their annual bills soar by £693 to £1,971 from April 1.
Deals have been thin on the ground with comparison sites unable to offer anything which could offset the eye-watering increase, however, Octopus Energy customers will be able to save £50 annually through a new loyalty tariff, reports Chronicle Live.
